Brief: Heska Corp Reports Q1 Loss Per Share $0.70

Heska

07/05/2020 13:46

May 7 (Reuters) - Heska Corp  HSKA.O :
    * EXPECTS 2020 CONSOLIDATED REVENUE $175 MILLION - $185
MILLION
    * ORATION REPORTS FIRST QUARTER 2020 RESULTS
    * Q1 LOSS PER SHARE $0.70
    * Q1 REVENUE $30.7 MILLION VERSUS REFINITIV IBES ESTIMATE OF
$32.7
MILLION
    * Q1 EARNINGS PER SHARE ESTIMATE $-0.25 -- REFINITIV IBES
DATA
    * Q1 NON-GAAP LOSS PER SHARE $0.14
    * BECAUSE OF SOCIAL DISTANCING MEASURES, ON-SITE
INSTALLATIONS OF
POC LAB AND IMAGING EQUIPMENT WILL EXPERIENCE INTERMITTENT
DELAYS
    * ON-SITE INSTALLATIONS OF EQUIPMENT WERE IMPACTED IN MARCH
    * ANTICIPATE IMPACT TO ON-SITE INSTALLATIONS AND CAPITAL
EQUIPMENT
EXPENDITURES TO CONTINUE FOR AT LEAST REMAINDER OF 2020
    * EXPERIENCED SOME INTERMITTENT DELAYS IN RECEIVING SUPPLY
    * SUPPLY CHAIN HAS NOT BEEN SIGNIFICANTLY IMPACTED
    * DO NOT EXPECT MATERIAL CHANGES TO CURRENT SUPPLY
AVAILABILITY
TRENDS OVER REMAINING MONTHS OF 2020
    * REVISED COMPANY'S CONSOLIDATED 2020 OUTLOOK

Source text for Eikon:  ID:Pn4x31Mfa 
Further company coverage:  HSKA.O 

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